Crypto-based Totalitarian Regime? | James Corbett

First, James Corbett demystifies the confusion between Bitcoin and blockchain. These terms are not interchangeable, and much of the confusion has led to a irrational hype.

However, Corbett sees the blockchain in combination with a cryptocurrency could change the financial system as we know it. It could almost completely disintermediate the financial system, making everyone their own banker.

But a cryptocurrency can also be controlled. If central banks issued cryptocurrencies, the currency could become a tool of totalitarianism. Corbett says we cannot let this happen.
View on YouTube


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.